EX-99.1 2 ex991.htm NEWS RELEASE DATED AUGUST 11, 2010

ex991.htm

Exhibit 99.1

News release via Canada NewsWire, Toronto 416-863-9350

     Attention Business Editors:
     Rogers Communications Prices $800 Million Senior Notes Offering

     TORONTO, Aug. 11 /CNW/ - Rogers Communications Inc. ("Rogers") announced
today that it has priced an offering of $800 million aggregate principal
amount of 6.11% Senior Notes due 2040. The Senior Notes were priced at $999.04
per $1,000 principal amount, for an effective yield of 6.117% per annum if
held to maturity. The Senior Notes will mature on August 25, 2040.
     The net proceeds from the offering will be approximately $794 million,
which are intended to be used, together with cash on hand and advances under
our bank credit facility, to fund the previously announced redemptions of our
US$490 million principal amount of 9.625% Senior Notes due 2011, $460 million
principal amount of 7.625% Senior Notes due 2011 and $175 million principal
amount of 7.25% Senior Notes due 2011. Closing of the offering is expected to
occur on or about August 25, 2010. The Senior Notes will be issued by Rogers
and guaranteed by its wholly owned subsidiary, Rogers Communications
Partnership.
     The Senior Notes are being offered in each of the provinces of Canada
through a syndicate of agents. Rogers will be filing a final prospectus
supplement relating to the offering of the Senior Notes with the securities
regulatory authorities in each of the provinces of Canada. Copies of the final
prospectus supplement and the accompanying short form base shelf prospectus
dated November 30, 2009 may be obtained over the Internet at the Canadian
Securities Administrators' website at www.sedar.com.

     This news release does not constitute an offer to sell or the
solicitation of an offer to buy the securities in any jurisdiction. The
securities being offered have not been approved or disapproved by any
regulatory authority nor has any such authority passed upon the accuracy or
adequacy of the short form base shelf prospectus or the prospectus supplement.
     This news release is not an offer for sale within the United States of
any debt or other securities of Rogers. Securities of Rogers, including any
offering of its debt securities, may not be offered or sold in the United
States absent registration under U.S. securities laws or unless exempt from
registration under such laws. The offering of Rogers described in this news
release has not been and will not be registered under U.S. securities laws,
and accordingly, any offer or sale of these securities may be made only in a
transaction exempt from registration.

     About the Company

     Rogers is a diversified public Canadian communications and media company.
We are Canada's largest provider of wireless voice and data communications
services and one of Canada's leading providers of cable television, high-speed
Internet and telephony services. Through Rogers Media we are engaged in radio
and television broadcasting, televised shopping, magazines and trade
publications, and sports entertainment. We are publicly traded on the Toronto
Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange
(NYSE: RCI).

     %CIK: 0000733099

     /For further information: Lorraine Daly, (416) 935-3575,
lorraine.daly(at)rci.rogers.com/
     (RCI.A. RCI.B. RCI)

CO:  Rogers Communications Inc.

CNW 20:33e 11-AUG-10